Restaurant food costs are how much you spend on the ingredients necessary for the preparation of your product offering. So, they’re a key factor in your business profitability calculations and must be controlled on a daily basis and monitored at every stage of activity. Knowing how to control food costs effectively and manage purchases, stocks and production can have a significant impact on your business performance and profitability.
Good supplier relations and optimal stock rotation can help you optimise your supply margins. And optimising portion sizes in line with your customers’ demand can also help optimise costs and increase profit margins.